Took this long trade on EU after long momentum.

Intraday price action trend trading

Hi Simplicity, I saw the bar before my entry break the RN and then test it on my entry, I also saw the LH, the Blue line I marked on my chart I was very aware of as support I exited for +15 pips there wasn't enough momentum on the first attempt.

Intraday price action trend trading

EU 5M Chart — Still in this short trade, stop to BE though, trying for a 30 pip TP. Have to see if momentum is on my side.

Intraday price action trend trading

The other big thing today was Non Farm Payrole (NFP), it's ok to be in short term trades at Frankfurt and London open but better to be out before the NFP at 1.30 GMT. Personally I look after NFP has been released and the market has started to ...

Sonic R. System

Hi Duy, No I gave up on trading horses too many unknowns, even more dodgy than trading Forex. EU is back to that level again and just busted straight through it always better to take the first attempt at a level if you get the PA.

Intraday price action trend trading

EU +30 Pips — Took this long trade after market bounced twice from a S R level using a 5 pip SL I exited at next level of S R for +30 pips. This is what I like about these levels if the market finds one of them you can enter a trade, very ...

Intraday price action trend trading

Hi Duy, When there is a red news release it's probably best not to trade an hour either side of it. Personally I don't trade the last two weeks of December because of a lack of liquidity, bank holidays and public holidays are the same especially ...

Intraday price action trend trading

Hi Simplicity, Here's the indicator

Intraday price action trend trading

The market keeps moving in "predictable" waves I just try to trade PA and momentum as close as possible to the different levels.

Intraday price action trend trading

Happy New Year to you Sho and to all followers of this very informative thread

Intraday price action trend trading

EU 25 pips — Took this long trade from bottom of 5m GOLD channel after 5m PB at BLUE S R level with a 10 pip SL that put me below the channel and S R level, I exited at YELLOW S R level for 25 pips. I like to look for PA and set ups around ...

Intraday price action trend trading

EU 20 pips — Took this long trade on EU, corrective move found support and entered long with momentum exited for 20 pips at resistance.

Intraday price action trend trading

Took this long EU trade based on a shift in momentum on the 1h chart, there was a strong move up and then a small correction before taking off long again. I went down to the 5m chart for entry.

Intraday price action trend trading

It's based on Murry Math Lines which are Gann based so we get evenly spaced lines with more envious placed on the higher TFs, it's just something I use to judge the significance of levels that are being traded.

Sonic R. System

i have put Support (Demand) and Resistance (Supply) levels on my charts the magenta line is a weekly level. As I stated in my last post I like to see momentum going with me before entering a trade I'd want to see momentum (Impulse) breaking through ...

Sonic R. System

EU Momentum — I always look to trade with momentum on my side, EU had three bearish momentum bars earlier it has taken sixteen bullish bars to claim back two bearish bars. I wouldn't look to go long until I saw some bullish momentum taking ...

Sonic R. System

EU Chart — I've not been trading the last two weeks but this is what I'm looking at on EU. I'd want to see a re-test of support and resistance level before taking a long trade, we've not been this low since Jan 10th this year.

Sonic R. System

EU 16 pips — Took this long trade after trend line went from resistance to support and went with the momentum exited before resistance and supply above.

Intraday price action trend trading

Hi Pipmunks, I was lucky got back to my computer as market was breaking TLs and entered with the momentum.

Intraday price action trend trading

EU 23 Pips — Bit more action going on today, lucky to catch this one just happened to be at computer when this setup occurred, entered after momentum bar broke trend lines exited at demand level from earlier in the day.

Intraday price action trend trading